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AlHuda CIBE Awards Shariah Compliance Certificate to AL BARAKAH MCSL

AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE) has officially awarded a Shariah Compliance Certificate to AL BARAKAH Multi-purpose Co-operative Society Limited, Mauritius, following a comprehensive Shariah review of its operations, products, and governance framework. The certification reflects AL BARAKAH’s adherence to Shariah principles across its cooperative and financial activities and marks a significant milestone in strengthening Islamic finance practices in Mauritius.

Tuesday, December 23, 2025 - 10:54
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Financial IT
Token.io Chief Product Officer Charles Damen Elected to UK Payments Initiative Board
Token.io today announced that its Chief Product Officer, Charles Damen, has been elected to the board of the newly formed UK Payments Initiative (UKPI) — an industry-led company, established under the stewardship of the Financial Conduct Authority (FCA), to own and operate a commercial scheme for Variable Recurring Payments (VRP), which will drive the next phase of open banking and Pay by Bank adoption across the UK.
 
Tuesday, December 23, 2025 - 10:23
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Financial IT
ABN AMRO Boosts Digital Innovation with MiCAR Licence And Smart Derivatives

ABN AMRO is accelerating its digital innovation approach with two major milestones. The German subsidiary of the bank, Hauck Aufhäuser Digital Custody, has secured a MiCAR licence, enabling crypto custody services for institutional clients under the new EU regulatory framework. At the same time, ABN AMRO has completed its first international Smart Derivative Contract (SDC) transaction in collaboration with DZ BANK, using blockchain technology to reduce contract risks and improve efficiency.

Tuesday, December 23, 2025 - 10:12
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/news/regtech/abn-amro-boosts-digital-innovation-micar-licence-and-smart-derivatives
Financial IT
Fiserv Collaborates with Visa To Accelerate Agentic Commerce

Fiserv, Inc.  today announced a strategic collaboration with Visa (NYSE: V) to enable Visa Intelligent Commerce and deploy Trusted Agent Protocol across Fiserv’s interoperable agentic ecosystem. This will empower merchants to participate in the rapidly evolving world of Agentic Commerce, where artificial intelligence-driven agents act on behalf of consumers to discover, compare, and purchase products.

Tuesday, December 23, 2025 - 10:03
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/news/payments/fiserv-collaborates-visa-accelerate-agentic-commerce
Financial IT
Bitget Wallet And Alchemy Pay Launch Zero-Fee USDC on-Ramp Backed By Coinbase

Bitget Wallet, the everyday finance app, has introduced a zero-fee USDC on-ramp with Alchemy Pay, broadening access to digital dollars across emerging markets. The program allows users to purchase USDC with 0% transaction fees, no network fees, competitive market-referenced FX rates, and one-click checkout through Apple Pay and Google Pay, offering a familiar experience for everyday users.

Tuesday, December 23, 2025 - 09:58
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/news/cryptocurrencies/bitget-wallet-and-alchemy-pay-launch-zero-fee-usdc-ramp-backed-coinbase
Financial IT
OnCorps AI Raises $55 Million to Scale Agentic Fund Operations For Asset Managers

OnCorps AI, a leading agentic AI platform for fund operations, has secured $55 million in growth capital from Long Ridge Equity Partners, a growth equity firm with deep experience in financial and business technology. The company will use the capital to accelerate product innovation, expand go-to-market teams, and scale infrastructure to support its rapidly growing customer base.

Tuesday, December 23, 2025 - 07:14
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/news/fundraising-news/oncorps-ai-raises-55-million-scale-agentic-fund-operations-asset-managers
Financial IT
Fiserv and Mastercard Partner to Advance Trusted Agentic Commerce For Merchants

Fiserv, Inc.  and Mastercard  are extending their partnership to advance agentic commerce for merchants.

Tuesday, December 23, 2025 - 07:10
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/news/e-commerce/fiserv-and-mastercard-partner-advance-trusted-agentic-commerce-merchants
Financial IT
Shift4 Launches Global Stablecoin Settlement Platform, Unlocking Faster Payments For Merchants

Shift4, a global leader in integrated payments and commerce technology, has announced the launch of its stablecoin settlement platform. Hundreds of thousands of merchants globally will now have the option to receive money more quickly and move funds 24/7 via stablecoin settlement, without the constraints of typical banking hours or other limitations.

Tuesday, December 23, 2025 - 07:06
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/news/cryptocurrencies/shift4-launches-global-stablecoin-settlement-platform-unlocking-faster
Financial IT
FINNY Raises $17 Million Series A to Transform How Financial Advisors Find and Serve Clients

FINNY, a leading AI-powered platform connecting financial advisors with the right clients, today announced it has raised $17 million in Series A funding. The round was led by Venrock, with participation from Activant, Altruist’s Jason Wenk, and continued support from Y Combinator, Maple VC, and Crossbeam Ventures.

Monday, December 22, 2025 - 16:22
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/news/fundraising-news/finny-raises-17-million-series-transform-how-financial-advisors-find-and-serve
Financial IT
iDenfy Targets Its E-Commerce Partners with a New Offering on Shopify’s App Store

iDenfy, a global identity verification and fraud prevention company, announced the launch of its new fraud-triggered Shopify ID Verification app, designed to help e-commerce merchants to reduce chargebacks and risks linked to high-risk orders. The new Shopify app integrates directly with Shopify’s built-in fraud analysis system and automatically initiates identity verification for suspicious orders that are marked as “high-risk, enabling merchants to prevent fraud without disrupting legitimate customer purchasing journeys. 

Monday, December 22, 2025 - 16:02
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Financial IT

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